Average Weekly Hours of All Employees: Private Service Providing in Idaho
Monthly
SMU16000000800000002 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
33.40
Year-over-Year Change
0.91%
Date Range
1/1/2007 - 7/1/2025
Summary
The Monthly trend measures the average weekly hours worked by manufacturing employees in the United States. This metric provides insight into the productivity and health of the manufacturing sector, which is a key driver of economic growth.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Monthly trend tracks the average number of hours worked per week by production and nonsupervisory employees in the manufacturing industry. It serves as an important indicator of manufacturing activity and labor market conditions.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists closely monitor this trend to assess the state of the manufacturing industry and make informed decisions about economic policy.
Key Facts
- The average weekly hours worked in U.S. manufacturing is a key indicator of economic health.
- Manufacturing accounts for about 11% of total U.S. economic output.
- The monthly trend has remained relatively stable in recent years.
FAQs
Q: What does this economic trend measure?
A: The Monthly trend measures the average weekly hours worked by production and nonsupervisory employees in the U.S. manufacturing industry.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the productivity and health of the manufacturing sector, which is a crucial driver of economic growth in the U.S.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this trend to assess the state of the manufacturing industry and make informed decisions about economic policy.
Q: Are there update delays or limitations?
A: The Monthly trend data is published with a short delay, typically within a few weeks of the reference period.
Similar SMU Trends
Employment Level for Idaho
EMPLOYID
Real Gross Domestic Product: Data Processing, Hosting, and Other Information Services (518-519) in Idaho
IDDATAWWWRGSP
Average Weekly Earnings of All Employees: Professional and Business Services in Idaho
SMU16000006000000011A
Average Hourly Earnings of All Employees: Professional and Business Services in Idaho
SMU16000006000000003
Gross Domestic Product: Transit and Ground Passenger Transportation (485) in Idaho
IDTRANGRNDTRANNGSP
90% Confidence Interval Lower Bound of Estimate of People of All Ages in Poverty for Idaho
PECILBAAID16000A647NCEN
Citation
U.S. Federal Reserve, Monthly (SMU16000000800000002), retrieved from FRED.